News Releases

DULUTH, Minn. --(BUSINESS WIRE)-- Bob Adams assumes the role of Chief Financial Officer for ALLETE Inc. (NYSE:ALE) effective March 4, 2017 . He succeeds Steve DeVinck , who last fall announced his plan to retire in the spring of 2017. "I've been very pleased by the thoughtful handoff between these

Higher demand for energy from large industrial customers provides an expected benefit to other customers DULUTH, Minn. --(BUSINESS WIRE)-- Minnesota Power , a utility division of ALLETE (NYSE:ALE), today filed an updated request with the Minnesota Public Utilities Commission (MPUC) to reduce the

DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE, Inc. ( NYSE : ALE) today reported 2016 earnings of $3.14 per share on net income of $155 .3 million and operating revenue of $1.34 billion . Results from 2015 were $2.92 per share on net income of $141 .1 million and operating revenue of $1.49 billion .

DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company's common stock to 53.5 cents per share, an increase of 3 percent. "This increase is supported by ALLETE's solid financial position and continues

DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) announced today that LaMarr Barnes has been named Chief Executive Officer of wholly owned subsidiary U.S. Water Services ( U.S. Water). Barnes replaces former CEO Allan Bly , who resigned his position after a 20-year career with the company.

An amended request and reduction in the Renewable Resources Rider means many customers will see only a small increase in January bills DULUTH, Minn. --(BUSINESS WIRE)-- The Minnesota Public Utilities Commission (MPUC) today approved an interim rate increase of 5.6 percent for Minnesota Power

Project will reduce carbon emissions and advance company's EnergyForward strategy DULUTH, Minn. --(BUSINESS WIRE)-- Minnesota Power's Great Northern Transmission Line received federal approval today when the U.S. Department of Energy (DOE) issued a Presidential Permit, clearing the way for building

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About ALLETE

ALLETE is a publicly held company that operates in a complex, dynamic, competitive and regulated environment. ALLETE's board of directors, accountable to its shareholders, is responsible for the direction and control of the company.

All employees and managers at ALLETE are expected to comply with the letter and spirit of the company's ethics policy, as well as with the policies and procedures of individual business units and the laws and regulations that govern our business.